Foreclosure of the Week: 167 Prospect Place


Like so many foreclosures, this one at 167 Prospect Place looks a little funky. The Prospect Heights brownstone was purchased in 2006 for $1,650,000, and financed with first and second mortgages totaling $1,200,000. The house was then sold for a whopping $50,000 in 2007. It's been bouncing around the foreclosure system since last summer with a lien of $1,114,555. It's on the schedule for tomorrow again. 3 p.m. at 360 Adams, Room 274. GMAP

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